Home buyer's Discussions

First time short sale buyer and waiting for HSBC authrization

Started this discussion. Last reply by Bryant Tutas Oct 2, 2011. 4 Replies

I am a first time buyer. We submitted our offer in Mid June, 2011, and seller recently got BOA HAFA (just one loan) approval; however,we are still waiting for the HSBC (Investor Bank) authorization.…Continue

 

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Bryant Tutas replied to Home buyer's discussion First time short sale buyer and waiting for HSBC authrization
"Congrats!!!"
Oct 2, 2011
Home buyer replied to Home buyer's discussion First time short sale buyer and waiting for HSBC authrization
"Yesterday we closed our house. thanks every body and its a great site.  "
Oct 2, 2011
Home buyer replied to Home buyer's discussion First time short sale buyer and waiting for HSBC authrization
"I am still waiting for the HSBC investor 's approval. BOA did not make any counter offer. I was wondreing whether HSBC can make any counter offer? From previous experience, can any body tell me how long usually it takes? Seller has one loan, no…"
Sep 19, 2011
Kristy Hamilton replied to Home buyer's discussion First time short sale buyer and waiting for HSBC authrization
"Can't tell you how ling it will take, but it sounds like your offer price is sufficient.  By now, you should have been approached with a counter-offer, if the lender had an issue with your offer.  I have learned that each lender has…"
Sep 9, 2011
Home buyer posted a discussion

First time short sale buyer and waiting for HSBC authrization

I am a first time buyer. We submitted our offer in Mid June, 2011, and seller recently got BOA HAFA (just one loan) approval; however,we are still waiting for the HSBC (Investor Bank) authorization. Listing agent saying it will be any day.Our agent said that listing agent constantly talking with BOA but no access to HSBC. But BOA assured him that HSBC agreed on the price we offered. HSBC will approve it any time and BOA will send the apprvoal letter.Our File moved to HSBC from BOA  end of…See More
Sep 8, 2011
Home buyer posted a blog post

Seller got HAFA approval but waiting for the lender approval (HSBC)

Hi,  I am a first time buyer. We submitted our offer in Mid June, 2011, and seller recently got BOA HAFA (just one loan) approval; however,we are still waiting for the HSBC (Investor Bank) authorization. Listing agent saying it will be any day.Our agent said that listing agent constantly talking with BOA but no access to HSBC. But BOA assured him that HSBC agreed on the price we offered. HSBC will approve it any time and BOA will send the apprvoal letter.Our File moved to HSBC from BOA  end of…See More
Sep 8, 2011
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Sep 7, 2011

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Home buyer's Blog

Seller got HAFA approval but waiting for the lender approval (HSBC)

Posted on September 8, 2011 at 6:27pm 0 Comments

Hi,

 

 I am a first time buyer. We submitted our offer in Mid June, 2011, and seller recently got BOA HAFA (just one loan) approval; however,we are still waiting for the HSBC (Investor Bank) authorization. Listing agent saying it will be any day.

Our agent said that listing agent constantly talking with BOA but no access to HSBC. But BOA assured him that HSBC agreed on the price we offered. HSBC will approve it any time and BOA will send the apprvoal letter.Our File…

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